Breaking: Reps Approve N30,000 New Minimum Wage

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The House of Representatives has approved the sum of N30,000 as the new national minimum wage.

The approval followed the adoption of the report by the ad hoc committee set up on the New Minimum Wage Bill presented to the National Assembly by President Muhammadu Buhari on Thursday.

The Minister of Labour and Employment, Dr. Chris Ngige on Monday, during the public hearing organised by the House of Representatives, had said government has fixed the new minimum at N27,000 but the federal government will augment that of its workers to make it N30,000.

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A position the organised labour kicked against, insisting on going by the agreement reached during the tripartite committee negotiation.

Guided by the submission of the parties during the public hearing, passing the bill for the third reading on Tuesday, the lawmakers unanimously approved the N30,000 recommendation by the committee in consonance with the resolution by the tripartite committee set up by the President.

Buhari had in the executive bill sought the approval of N27,000 as against the N30,000 agreed by the stakeholders.

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